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71: D.L. Thornton -- retired economist from Federal Reserve

71: D.L. Thornton -- retired economist from Federal Reserve

D.L. Thornton, former Vice President of the Federal Reserve bank of St. Louis, joins DJ in studio to talk about the role of the Federal Reserve, cronyism in the U.S. tax code, and how change in our economic system is unlikely. Thornton, who continues his research on his own website, points to the dot.com and housing bubbles as warnings for the future, as some of the same conditions persist.

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